Precisely Spectrum Spatial Insights

Precisely Spectrum Spatial Insights
Formerly GeoInsight by Pitney Bowes

Score 8.0 out of 10
Precisely Spectrum Spatial Insights

Overview

What is Precisely Spectrum Spatial Insights?

Spectrum Spatial Insights by Precisely (based on the former GeoInsight by Pitney Bowes) helps users to test strategies, taking into consideration key market and competitive drivers. Detailed forecasts and financial impact assessments can be created for every scenario, to provide...
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What is Precisely Spectrum Spatial Insights?

Spectrum Spatial Insights by Precisely (based on the former GeoInsight by Pitney Bowes) helps users to test strategies, taking into consideration key market and competitive drivers. Detailed forecasts and financial impact assessments can be created for every scenario, to provide an actionable,…

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Product Details

What is Precisely Spectrum Spatial Insights?

Spectrum Spatial Insights by Precisely (based on the former GeoInsight by Pitney Bowes) helps users to test strategies, taking into consideration key market and competitive drivers. Detailed forecasts and financial impact assessments can be created for every scenario, to provide an actionable, defensible plan of action. Ultimately, this enables users to know a projected Internal Rate of Return (IRR) before making capital decisions.

Precisely Spectrum Spatial Insights Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Reviews and Ratings

 (2)

Reviews

(1-1 of 1)
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Rafael Becemberg | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
It has been used as a test, in order to explore and determine their capabilities, potentialities and eventual weaknesses, for projects that involve data collection along river channels over extensions of more than 500 km. Specifically, it has been used by the Department of Oceanography and Geomatics to characterize the alignment and margins of the mentioned fluvial systems. The extension of the study area involves meridian changes that make it impossible to use flat coordinate systems such as the UTM (Universal Transverse Mercator) system, which necessarily means that spatial representation must be done in geographic coordinates.
  • It allows us to visualize data with extreme ease, through maps and graphs, patterns and tendencies.
  • This visualization allows, in turn, to make decisions more quickly and with a greater amount of information than what a good part of software of the same nature allows.
  • Being a web-based platform can, in some cases, be counterproductive, especially in areas where internet and satellite coverage are of low quality or are not available, such as jungle areas.
  • The results obtained, in most cases, need to be interpolated, in order to completely characterize the study area.
  • The interpolation functions are those that are typically used in commercial software used in this area of study, and have the same limitations. When using it I have not found any novelty regarding this.
As previously mentioned, as long as the web platform works, the software is quite useful. However in places or areas where the platform operates with low standards (poor reception signal), the versatility and usefulness of the program decreases considerably. This type of problem in developed countries probably does not occur, or if it occurs it does very infrequently. But in non-developed countries, the frequency of occurrence can be a factor to take into consideration when choosing an program based exclusively on a web platform.
  • The use of the software allowed the minimization of activities associated with logistical support to field staff. That reduced the time associated with these activities by about 15% of the initially estimated time.
  • The aforementioned reduction translated into decreases in expenditures in the order of $ 2000 / day.
In comparing GeoInsight to other products, I will not be of much help since this software is, as far as I know, almost exclusively used in activities related to the financial world, rather than geographical. That is why it is usually included in software of the AML (Anti-Money-Laundering) type. My interest in the program was to see its capacity for data storage and practical utility to facilitate decisions, compared to other software but more linked to geographic information (GIS software).
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